German Retail Real Estate

Panel discussion chaired by Dr. Geza Toth-Feher, Lord of Kennal, Managing Partner CBE,
at the REFIRE Conference “The Changing Shape of the German Real Estate Investment
Market” on 12 November 2013 in London
German Retail Real Estate
Stefan Zimmermann (CEO, ACREST GmbH)
Dr. Geza Toth-Feher (CEO, CB Equity Partners)
Nic Fox (Head of Germany, Europa Capital)
Stuart Reid (CEO Germany, Rockspring)
•
Shifting trends in retail real estate, changing retail structures
•
What are the factors determining the success of shopping centres?
•
Hypermarkets, specialist stores, local suppliers and online distributors
•
Lessons to be learned from Germany’s recent failures
Conference Agenda
REFIRE London Conference, November 12th, 2013
"The Changing Shape of the German Real Estate Investment Market"
Conference Agenda (subject to amendment)
08.15 - 08.50 Coffee and Registration
08.50 Welcome Greeting and opening words
Charles Kingston (Publisher & CEO, REFIRE Ltd.)
09.00 Introduction
Rainer Schmitt (Partner, K&L Gates LLP)
09.10 Optimising your entry and exit points on the German residential market
Peter Starke (Director, Head of Berlin Office, Aengevelt Immobilien)
Ralf Kind (Managing Partner, Dr. Lübke & Kelber, Arbireo Capital)
Rainer Schmitt (Partner, K&L Gates LLP)
Kai Schubart (Director International Client Management, Corpus Sireo)
•
Practical examples of direct strategy
•
Adding value to assets
•
Overview of top yielding markets
•
Secondary cities
09.55 Approaching the German office property market
Michael Montebaur (Principal, Hanseatic Funds)
Stefan Boehme (Principal, s.boehme & co.)
James Knox (Partner, Real Estate, Berwin Leighton Paisner)
Douglas Edwards (Director, Corpus Sireo)
Dr. Rüdiger von Stengel (Principal, Art-Invest GmbH)
Torsten Hollstein (Managing Director, CR Investment Management)
•
Navigating the different asset categories, positioning
•
Definition of expected yield
•
What to maximize: total return vs. cash-on-cash yield
•
Existing assets, developments, ‘manage to core’ strategies, hold vs. sell
10.40 Coffee break and Speed Dating
11.15
German Logistics Real Estate
Christopher Garbe (CEO, GARBE Logistic)
Steffen Ricken (Managing Director, CORESTATE Capital AG)
Jan Dünzelmann (CEO, Fiege)
Dr. Georg Foerstner (Partner, K&L Gates LLP)
•
The development of e-commerce in Germany
•
The rise of urban logistics
•
Changing supply chains and new opportunities
•
Storage with ease – smart logistics
12.00
Technical Due Diligence and Documentation
John Atkins (Head of Clients, ARCADIS)
Dr. Thomas Herr (Managing Partner, VALTEQ GmbH)
•
Developers and investors’ approach to reduced energy consumption
•
The failure to exploit the benefits of the innovative technology that exists
•
How to get participants working better together in the ‘settlement phase' of new projects
•
Boosting landlords’ motivation to invest in the right energy-saving measures
12.30 Keynote Address:
Prof. Lorenz Reibling (Co-Founder, Chairman and Senior Partner of Taurus Investment Holdings)
"Home Bias: Is the Grass Greener on the Other Side of the Fence?”
13.00 Lunch
14.00
Where is New Financing coming from?
Curth Flatow (CEO, Flatow Advisory Partners)
Jesse Freitag-Akselrod (Partner, Akselrod Consulting)
John Lutzius (Head of European Research, Green Street Investors)
Michael Morgenroth (CEO, CAERUS Debt Investments GmbH)
Dr. Matthias Grund (K&L Gates)
Jacob Lyons (Managing Director, CR Investment Management)
•
The role of shadow banks, alternative financing sources
•
Debt and equity financing – what’s working and what’s not
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Capital markets – fund raising, rights issue, private placements, bonds – what’s working, and for whom
14.45
Distressed Real Estate Investing
Bruce Nelson (COO, Situs Companies Worldwide)
Clarence Dixon (Executive Director - Chief Operating Officer, CBRE Loan Servicing Limited)
Christian Daumann (Managing Director, CR Investment Management)
Tim Brückner (Director, Corpus Sireo Holding GmbH)
•
Evaluating sectors
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Pricing of distressed loans
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Financing and structuring considerations
•
Valuing individually distressed properties
15.30 Coffee break
15.50 German Retail Real Estate
Stefan Zimmermann (CEO, ACREST GmbH)
Dr. Geza Toth-Feher (CEO, CB Equity Partners)
Nic Fox (Head of Germany, Europa Capital)
Stuart Reid (CEO Germany, Rockspring)
•
Shifting trends in retail real estate, changing retail structures
•
What are the factors determining the success of shopping centres?
•
Hypermarkets, specialist stores, local suppliers and online distributors
•
Lessons to be learned from Germany’s recent failures
16.40
The Digitalisation of the German Real Estate Market
Dr. Clemens Trautmann (CFO, Immonet.de)
Norman Meyer (CEO, Asset Profiler)
Ken Rivkin (CEO, Auction.com)
Bob Thompson (Research Director, Remit Consulting)
•
The megatrend: mobile devices
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Real estate portals and corporate branding
•
Positioning strategies and implementation
•
Location-based services, Augmented Reality
•
Closed online platforms
17.20
"Five of the Best" - Alternative Investment Options
Max Aengevelt (Investment, Aengevelt Immobilien)
Guenter Minge (CEO, Deutsche Eigenheim)
Goesta Ritschewald (Managing Partner, DSR Deutsche Investment Kapitalanlagegesellschaft mbH)
Michael Ullmann, (CEO, Kapitalfreunde - Crowdfunding für Immobilien)
1 further speaker, tba
A pot-pourri of five alternative investment options on the German market - that might surprise you